Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.

Offshore drilling company Valaris has decided to retire three semi-submersible drilling rigs from its fleet as part of its ...

Offshore drilling contractor Seadrill has completed the sale of its jack-up rig West Prospero for $45m. Built in 2007, the West Prospero is an independent-leg cantilever jack-up rig with an ...

A top drive is comprised of one or more electric or hydraulic motors, which is connected to the drill string via a short section of pipe ... rigs, from truck-mounted units to the largest offshore ...